Funding & Business

CoreWeave to Buy Core Scientific for $9 Billion

Published

4 hours ago

July 7, 2025

CoreWeave is buying Core Scientific for $9 billion in an all-stock deal. It’s expected to close in the fourth quarter. In buying Core Scientific in an all-stock deal, CoreWeave will inherit more than a gigawatt of data-center capacity across the US — much of which is already contracted out to serve its clients in training, deploying and using AI models. Liana Baker reports. (Source: Bloomberg)

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Funding & Business

UK’s Schroder Family Facing Defining Moment for City Dynasty

Published

39 minutes ago

July 7, 2025

Leonard Kehnscherper

A once-unimaginable sale or breakup of the clan’s 221-year-old City of London firm is looking more and more feasible to onlookers.

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Funding & Business

Equities Fall Amid Trump's Tariff Salvo | Closing Bell

Published

1 hour ago

July 7, 2025

The Editors

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sonali Basak, Emily Graffeo and Tim Stenovec. (Source: Bloomberg)

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Funding & Business

Trump Should Stop Attacking the Fed, William Dudley Says

Published

2 hours ago

July 7, 2025

The Editors

Bloomberg Opinion’s William Dudley, former president of the New York Federal Reserve, says pressuring the Federal Reserve to lower interest rates is counterproductive on “Bloomberg The Close.” Dudley’s opinions are his own. (Source: Bloomberg)

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